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Bypass monthly withdrawal limit
October 3, 2022
3:53 pm
commonboy
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Can you do more than 2 monthly withdrawals without penalty by moving the funds from the motive savings account to a motive chequing account, and then withdrawing from the chequing?

October 3, 2022
4:07 pm
Nehpets
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commonboy said
Can you do more than 2 monthly withdrawals without penalty by moving the funds from the motive savings account to a motive chequing account, and then withdrawing from the chequing?  

The answer is yes, which is explained on the Motive webpage describing the details of how service fees are applied.

Stephen

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